AHL IM Fees

AHL IM Fees. (a) for those Accounts with respect to which a management fee is not payable to AAM during or with respect to such month, if any, a monthly fee equal to one-twelfth of 0.40% of the aggregate market values (determined as of the end of such month) of the assets in such Accounts and (b) for those Accounts with respect to which a management fee is payable to AAM during or with respect to such month, if any, a monthly fee equal to one-twelfth of 0.40% of the aggregate market values (determined as of... the end of such month) of the assets in such Accounts less any management fee the applicable Accounts are obligated to pay to AAM during or with respect to such month; provided, that for the ALIC Accounts with respect to which a management fee is payable to AAM during or with respect to such month, if any, the monthly fee shall equal the ALIC Fees less any management fee the ALIC Accounts are obligated to pay to AAM during or with respect to such month. View More